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RISRandom Regret Minimization and Random Utility Maximization in the Presence of Preference Heterogeneity: An Empirical Contrast
Publisher: American Society of Civil Engineers
Abstract: Random regret minimization (RRM) interpretations of discrete choices are growing in popularity as a complementary modeling paradigm to random utility maximization (RUM). While behaviorally very appealing in the sense of ...
Random Regret Minimization and Random Utility Maximization in the Presence of Preference Heterogeneity: An Empirical Contrast
Publisher: American Society of Civil Engineers
Abstract: Random regret minimization (RRM) interpretations of discrete choices are growing in popularity as a complementary modeling paradigm to random utility maximization (RUM). While behaviorally very appealing in the sense of ...